€100 in 1997 → €140.28 in 2017

Euro Inflation Calculator

👉 You may be interested in Inflation from 1997 to 2018

Euro Inflation Rate, €100 in 1997 to 2017

According to the European Central Bank consumer price index, prices in 2017 are 40.28% higher than prices in 1997. The euro experienced an average inflation rate of 1.71% per year during this period.

In other words, €100 in 1997 is equivalent in purchasing power to €140.28 in 2017, a difference of €40.28 over 20 years.

The 1997 inflation rate was 1.70%. The inflation rate in 2017 was 1.54%. The 2017 inflation rate is higher compared to the average inflation rate of 1.50% per year between 2017 and 2018.


Inflation from 1997 to 2017
Cumulative price change 40.28%
Average inflation rate 1.71%
Converted amount (€100 base) €140.28
Price difference (€100 base) €40.28
CPI in 1997 72.555
CPI in 2017 101.7816667
Inflation in 1997 1.70%
Inflation in 2017 1.54%


Euro inflation chart from 1996 to 2017


Buying power of €100 since 1997

This chart shows calculations of buying power equivalence over time for €100 in 1997 (price index tracking began in 1996).

According to the European Central Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:

Year EUR Value Inflation Rate
1997 €100.00 1.70%
1998 €101.23 1.23%
1999 €102.41 1.17%
2000 €104.65 2.18%
2001 €107.17 2.41%
2002 €109.61 2.27%
2003 €111.93 2.12%
2004 €114.37 2.18%
2005 €116.88 2.20%
2006 €119.46 2.21%
2007 €122.04 2.17%
2008 €126.12 3.34%
2009 €126.52 0.32%
2010 €128.56 1.61%
2011 €132.07 2.72%
2012 €135.37 2.50%
2013 €137.19 1.35%
2014 €137.78 0.43%
2015 €137.83 0.03%
2016 €138.16 0.24%
2017 €140.28 1.54%
2018 €142.39 1.50%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for €100, 1997 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017CPI in 1997
×
1997 EUR value
=
2017 EUR value

Then plug in historical CPI values. The Euro CPI was 72.555 in the year 1997 and 101.7816667 in 2017:

101.781666772.555
×
€100
=
€140.28

€100 in 1997 has the same "purchasing power" or "buying power" as €140.28 in 2017.

To get the total inflation rate for the 20 years between 1997 and 2017, we use the following formula:

CPI in 2017 - CPI in 1997CPI in 1997
×
100
=
Cumulative inflation rate (20 years)

Plugging in the values to this equation, we get:

101.7816667 - 72.55572.555
×
100
=
40%

News headlines from 1997

Politics and news often influence economic performance. Here's what was happening at the time:

  • Production, stockpiling and use of chemical weapons is outlawed as the Chemical Weapons Convention of 1993 comes into force.
  • The British lease of the New Territories in Hong Kong expires.
  • Diana, Princess of Wales, dies in a car crash in Paris,.
  • Hong Kong begins slaughtering chickens to prevent bird flu,.

Data Source & Citation

Raw data for these calculations comes from the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page: “1997 euros in 2017 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Oct. 2018, https://www.officialdata.org/1997-euro-in-2017.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


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